Sampath Group’s Total Asset Base Surpassed Rs 2 Tn Financial Performance The Sampath Group achieved its highest financial performance in its history, recording a PBT of Rs 53.0 Bn and a PAT of Rs 32.6 Bn, reflecting year-on-year growth of 8% and 13%, respectively. Meanwhile, the Group’s total asset base surpassed Rs 2 Tn in…
On 25 February, over 200 C-suite executives, policymakers, and international partners gather at Cinnamon Grand Colombo to forge a practical agenda for reform, resilience, and growth — with Sri Lanka’s economic future squarely in focus. Sri Lanka has emerged from one of the most severe economic crises in its modern history and continues to face…
Outstanding balances on credit cards issued by licensed commercial banks in Sri Lanka rose to Rs. 175,712 million by the end of December 2025, according to the latest data released by the Central Bank of Sri Lanka. This marks an increase from Rs. 157,957 million recorded at end-December 2024, reflecting a rise of Rs. 17,755…
The Central Bank of Sri Lanka hosted Dr. Alfred Hannig, CEO of the Alliance for Financial Inclusion (AFI), during his visit to Sri Lanka on 19 February 2026. During discussions with Governor Dr. Nandalal Weerasinghe and senior officials, Dr. Hannig commended the progress achieved under Sri Lanka’s National Financial Inclusion Strategy (NFIS) and the Central…
Reuters – Stocks fell in Asia on Friday, the dollar headed for its largest weekly gain in four months and oil prices were rising as a U.S. military build up in the Middle East and a rout in private equity stocks sent ripples of nerves across markets. Japan’s Nikkei, opens new tab dropped 1%. Hong…
‘Shaping the future through digital payments’ The Central Bank of Sri Lanka (CBSL) will conduct a promotional campaign in Kurunegala on 20 and 21 February 2026 to raise awareness of digital payments among the business community and the general public. The campaign will be held with the participation of Dr. Nandalal Weerasinghe, Governor of CBSL,…
LAUGFS Gas PLC says it has taken steps to ensure uninterrupted LP Gas supply despite temporary distribution constraints in the market. In a statement issued today (19), the company said the shortfall arose due to an operational limitation affecting the use of its 30,000-metric-ton LPG import terminal in Hambantota, which disrupted regular import logistics. The…
Sri Lanka still does not possess advanced infrastructure to gain maximum benefit of the AI technology, President Anura Kumara Dissanayake stated. President Dissanayake made this assertion while addressing the leaders’ plenary as part of the ‘AI Impact Summit 2026’ in New Delhi. The leaders’ plenary hosted by Indian Prime Minister Narendra Modi brings together world…
WindForce PLC is pleased to announce that it has received the Letters of Award on 16 February 2026 for twelve standalone Battery Energy Storage System (BESS) projects, secured through an international competitive bidding process conducted by the Ceylon Electricity Board. These projects form part of Sri Lanka’s first-ever grid-scale standalone BESS programme and collectively represent…
The Embassy of Sri Lanka in Riyadh organized the first-ever virtual Workshop of its kind to educate Sri Lankan exporter companies on Saudi regulatory procedures and requirements for exporting Sri Lankan food and beverage products to the Kingdom of Saudi Arabia, in collaboration with the Saudi Food and Drug Authority (SFDA) and the Sri Lanka…
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